According to CoinMeta, the U.S. retail sales data for July will be released tonight at 20:30 (UTC +8). The market expects a month-on-month increase of 0.1% in retail sales. This data reflects the consumption willingness and purchasing power of American residents. Against the backdrop of increasing divisions within the Federal Reserve and a decline in international gold prices from $4,400 per ounce, stronger-than-expected data would boost the dollar and dampen expectations for interest rate cuts, while weaker-than-expected data would exacerbate concerns about recession and boost demand for precious metals and safe-haven assets.